Common use of Retail Sale of Aviation Fuel Clause in Contracts

Retail Sale of Aviation Fuel. For all retail aviation fuel sales, Contractor shall pay the Airports Authority a fee of seventeen percent (17%) of all Contractor’s revenues from the retail sale of aviation fuel. This fee shall apply to all fuel transactions which are not included within the definition of “Put-Thru” Aviation Fuel in subparagraph a. above. If the Contractor provides only a fuel handling service for into-plane fuel delivery, which is not part of a consigned fuel inventory maintained at the Airport by the aircraft owner or operator, and collects only a handling fee for its into-plane fueling services, the Contractor shall report such fuel sales as retail sales and shall use the full retail price of fuel, without discount, to calculate and pay the applicable fee due to the Airports Authority.

Appears in 4 contracts

Samples: Lease and Contract, Lease and Contract, Lease and Contract

AutoNDA by SimpleDocs

Retail Sale of Aviation Fuel. For all retail aviation fuel sales, Contractor shall pay the Airports Authority a fee of seventeen percent (17%) of all Contractor’s revenues from the retail sale of aviation fuel. This fee shall apply to all fuel transactions which are not included within the definition of “Put-Thru” Aviation Fuel in subparagraph a. above. If the Contractor provides only a fuel handling service for into-plane fuel delivery, delivery which is not part of a consigned fuel inventory maintained at the Airport by the aircraft owner or operator, operator and collects only a handling fee for its into-plane fueling services, the Contractor shall report such fuel sales as retail sales and shall use the full retail price of fuel, without discount, to calculate and pay the applicable fee due to the Airports Authority.

Appears in 1 contract

Samples: Concession Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.